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For sale
  • $13,300,000

    1240 Coconut Dr, Fort Myers, FL 33901

    7beds
    10,493sqft
    : 
    $87,410/mo
    Get pre-qualified
    Single Family Residence
    Built in 2013
    2.18 Acres Lot
    $-- Zestimate®
    $1,268/sqft
    $-- HOA

    What's special

    Elevator accessTwo private docksFour luxurious bedroom suitesFully equipped outdoor kitchenElevated residenceTwo private officesExpansive lounge areas
    A true crown jewel of Southwest Florida, this Palladian-inspired waterfront estate stands in a class entirely its own. Offering a level of craftsmanship, scale, and resilience more often associated with Naples or Palm Beach, this is a generational type property, an estate that simply cannot be recreated at this value. It is a residence that quietly yet unmistakably signals arrival. Set behind private gates on more than two secluded acres in one of Fort Myers’ most prestigious waterfront settings, the impeccably furnished estate unfolds as a private world. Once on property, the surroundings fade away, replaced by a tranquil botanical sanctuary filled with rare and exotic plantings sourced from around the globe. The sense of privacy is complete, resort-level living, entirely your own. Spanning nearly 19,200 square feet of living space, the estate offers 153 feet of direct Gulf-access waterfront, two private docks, and a boat lift accommodating vessels up to 40 feet with a 30,000-pound lift (expandable). Designed with longevity and strength in mind, the elevated residence delivers exceptional peace of mind without sacrificing beauty or elegance. The principal residence features four luxurious bedroom suites, two private offices, a professional-grade fitness studio, and both indoor and outdoor theaters designed for refined entertaining. A 2,000-bottle wine cellar anchors the home for collectors, while the chef’s kitchen is a true statement, finished in African walnut with custom cabinetry, marble countertops, premium appliances, and elegant marble sliding panels that conceal functionality behind a seamless, gallery-like design. Outdoor living rivals the finest five-star resorts, centered around a breathtaking 75,000-gallon mosaic infinity-edge pool and dramatic 16-person spa. Expansive lounge areas, a fully equipped outdoor kitchen, automated screens, and hurricane shutters allow the home to live effortlessly year-round, all framed by serene water views and lush tropical gardens. A separate three-bedroom guest house is also available and offers privacy and comfort for guests or staff, while the expansive motor court and nine garage spaces, accented by solid granite driveways and refined Mexican shell stone, will impress the most discerning automotive enthusiasts. Built without compromise by Michelangelo Custom Homes and architecturally designed by Stofft Cooney of Naples, the timeless estate showcases Italian marble flooring, custom fixtures, and precision millwork throughout. Advanced systems include state-of-the-art audio, visual, and security technology; Japanese Tensui water filtration; dual-well, web-based irrigation; elevator access; a 1,000-gallon underground LPG tank; and an extraordinary 754-light LED system that transforms the property from day to night. This is not simply a luxury home, it is a private sanctuary, a legacy estate, and one of the most remarkable and enduring waterfront offerings ever presented in Lee County.
    159 days
    |
    2,674
    |
    143
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike H McMurray 239-850-7888,

    Royal Shell Real Estate, Inc.

    Source: Sanibel And Captiva Island AOR,MLS#: 2260219MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 11
      • Full bathrooms: 8
      • 1/2 bathrooms: 3
      Rooms
      • Room types: Breakfast Room, Den, Dining Room, Exercise Room, Family Room, Formal Dining, Kitchen, Laundry, Library, Living Room, Loft, Media Room, Office, Recreation Room, Separate Apt., Workshop, Other Add Agt Note
      Primary bedroom
      • Features: Balcony, Carpet, Dressing Rm, Porch, Sitting Area, 2 Walk-In Closets, See Remarks
      • Level: Second
      Primary bathroom
      • Features: Bidet, Dbl Sinks, Double Vanity, Sep. Shower, Sep. Tub, Other
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air, Zoned 3+ Cooling
      Appliances
      • Included: Additional Refrigerator, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Internet Ready, Microwave, Gas Range, Refrigerator, Refrigerator-Ice maker, Ice Maker, Washer, Water Heater, Water Treatment, Wine Cooler, See Remarks
      • Laundry: Laundry Room
      Features
      • Breakfast Bar, Eat-in Kitchen, Elevator Private, Pantry, Storage, Central Vacuum, High Ceilings, Tray Ceiling(s), Elevator
      • Flooring: Brick, Carpet, Marble, Stone, Tile, Wood, Other
      • Doors: Shutters Electric, Sliding Doors, Other Add Agt Note, Storm Door(s)
      • Windows: Casement, Impact Resistant Windows, Sliding, See Remarks, Storm Window(s)
      • Has fireplace: Yes
      Interior area
      • Total structure area: 15,971
      • Total interior livable area: 10,493 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: 3+ Garage, Garage Door Opener, Golf Cart Garage, Separate Garage, Other, See Remarks
      • Has garage: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Open Porch, Patio, Screened, Porch
      • Exterior features: Storage, Outdoor Kitchen, Boat Lift, Dock, Electric at Dock, Water at Dock, Balcony
      • Has private pool: Yes
      • Pool features: In Ground, Diamond Brite, Equipment Stays, Fenced, Gas Heat, Negative Edge, Pool Bath, Other, Private
      • Spa features: Heated, Spa
      • Fencing: Privacy,Fenced
      • Has view: Yes
      • View description: Lawn/Garden, River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: Navigable Water, River Front, Seawall, See Remarks, Gulf Access, River
      Lot
      • Size: 2.18 Acres
      • Features: Survey Avail, Other, Irregular Lot
      Details
      • Additional structures: Caretaker Cottage, Guest House
      • Parcel number: 264424P1000010000
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: See Remarks
      • Property subtype: Single Family Residence
      Materials
      • Block, Stone, Stucco
      • Foundation: Raised, Concrete Perimeter
      • Roof: Tile
      Condition
      • Year built: 2013

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, See Remarks

      Community & HOA

      Community
      • Security: Safe, Security System, Smoke Detector(s)
      • Subdivision: Palm Gardens
      HOA
      • Has HOA: No
      Location
      • Region: Fort Myers

      Financial & listing details

      • Price per square foot: $1,268/sqft
      • Tax assessed value: $3,862,420
      • Annual tax amount: $64,102
      • Date on market: 2/19/2026
      • Cumulative days on market: 160 days
      • Listing terms: BTF/Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/26/2026Price change$13,300,000-16.8%$1,268/sqft
        Source: Florida Gulf Coast MLS #2026003843 Report a problem
        11/25/2024Listed for sale$15,988,000$1,524/sqft
        Source: BeachesMLS #F10410345 Report a problem
        11/25/2024Pending sale$15,988,000$1,524/sqft
        Source: BeachesMLS #F10410345 Report a problem
        11/18/2024Price change$15,988,000-10.9%$1,524/sqft
        Source: SWFLMLS #223071325 Report a problem
        8/13/2024Pending sale$17,950,000$1,711/sqft
        Source: BeachesMLS #F10410345 Report a problem
        8/13/2024Listed for sale$17,950,000$1,711/sqft
        Source: BeachesMLS #F10410345 Report a problem
        8/12/2024Pending sale$17,950,000$1,711/sqft
        Source: SWFLMLS #223071325 Report a problem
        8/5/2024Listing removed--
        Source: BeachesMLS #F10410345 Report a problem
        7/3/2023Listed for sale$17,950,000+12.5%$1,711/sqft
        Source: Stellar MLS #T3456644 Report a problem
        3/1/2023Listing removed--
        Source: Florida Gulf Coast MLS #221086056 Report a problem
        1/13/2022Listed for sale$15,950,000$1,520/sqft
        Source: Florida Gulf Coast MLS #221086056 Report a problem
        6/30/2021Listing removed--
        Source: Sanibel And Captiva Island AOR Report a problem
        1/23/2018Listed for sale$15,950,000-0.3%$1,520/sqft
        Source: Royal Shell Real Estate Inc #218006778 Report a problem
        6/8/2017Listing removed$15,999,000$1,525/sqft
        Source: Premier Sotheby's International Realty #BAUB051017IHE Report a problem
        5/11/2017Price change$15,999,000-19.8%$1,525/sqft
        Source: Premier Sotheby's International Realty #BAUB051017IHE Report a problem
        12/5/2016Price change$19,950,000-22%$1,901/sqft
        Source: Premier Sotheby's International Realty #BAUB051017IHE Report a problem
        5/13/2016Listed for sale$25,565,000+829.6%$2,436/sqft
        Source: Premier Sotheby's International Realty #216030182 Report a problem
        7/29/2008Sold$2,750,000-8%$262/sqft
        Source: Public Record Report a problem
        5/2/2008Price change$2,990,000-12.1%$285/sqft
        Source: Number1Expert #200736866 Report a problem
        11/22/2007Price change$3,400,000-12.4%$324/sqft
        Source: Number1Expert #200736866 Report a problem
        11/14/2007Listed for sale$3,880,000+32%$370/sqft
        Source: Number1Expert #200736866 Report a problem
        8/11/2005Sold$2,940,000+279.7%$280/sqft
        Source: Public Record Report a problem
        4/4/2001Sold$774,300+342.5%$74/sqft
        Source: Public Record Report a problem
        6/24/1996Sold$175,000+7.7%$17/sqft
        Source: Public Record Report a problem
        6/14/1995Sold$162,500-72.5%$15/sqft
        Source: Public Record Report a problem
        10/14/1993Sold$590,000$56/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$64,102 -24.2%$3,862,420 -24.2%
        2024$84,544 +0.9%$5,092,336 +3%
        2023$83,812 +0.5%$4,944,016 +3%
        2022$83,428 -2.9%$4,800,016 +3%
        2021$85,885 -2.5%$4,660,210 +1.4%
        2020$88,069 +0.3%$4,595,868 -19.8%
        2019$87,849 $5,730,663 +30%
        2018$87,849 -0.5%$4,408,773 +2.1%
        2017$88,306 -0.8%$4,318,093 -11.4%
        2016$88,993 +0.3%$4,871,982 +16%
        2015$88,714 -1.3%$4,199,879 -44.1%
        2014$89,848 -44.5%$7,518,047 +963.3%
        2013$161,781 +958.7%$707,074 -0.1%
        2012$15,281 -16.2%$707,692 -16.5%
        2011$18,224 -18.8%$847,475 -17.6%
        2010$22,452 -49.9%$1,028,150 -53.5%
        2009$44,788 -5.5%$2,212,060 -24.2%
        2007$47,392 -2.8%$2,917,900 +16.8%
        2006$48,781 +40.3%$2,497,540 +60.5%
        2004$34,777 +34.1%$1,556,230 +42.3%
        2003$25,934 +65.4%$1,093,280 +66%
        2002$15,675 $658,560 +13.6%
        2000-- $579,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33901

        Getting around

        9 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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